• Retailing means - "To break the coarse." Retail is a process in which a retailer sells goods and services to customers. Retailers are referred to as retailers and their store is known as a retail or physical store. Retail stores can be of different sizes with a common line of action, ie "buy for sale".
• Online shopping means shopping over the Internet. It is an e-commerce that makes it easy for consumers to buy directly from sellers around the world via the Internet using the web browser. It means establishing a virtual store, which provides all kinds of goods to consumers for 24 x 7, with just a click of a mobile or desktop.
• Shopping over the Internet is gaining popularity in the current decade as people find it convenient to shop from home or office according …show more content…
• Physical stores have a high cost in storing and referencing their products from the point of view of customer satisfaction and availability of services, online shopping has seriously affected physical retail stores.
Difference Between Retail Purchases and Online Shopping
• In the current scenario, our young population is more attracted to online shopping. But we can not deny the importance of traditional physical purchases. Both are indispensable for human society.
• For traditional physical purchases we need to go to the market, while, there is no requirement to go shopping online.
• All goods are physically visible to the consumer on physical purchases while, the pictorial description of the product is available through online purchases.
• There is a personal touch between the buyer and the seller in the case of physical purchases that sometimes influence the purchase decision, whereas, there is no personal touch in the case of online